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Senior Counsel

4 months ago

Washington, Washington, D.C., United States District of Columbia Housing Finance Agency Full time

The Office of the General Counsel (OGC) is responsible for responsible for managing the legal aspects of Agency's operations, its business decisions, tax-exempt and taxable bond transactions, other types of multifamily and single family loans and neighborhood investments, and Freedom of Information Act (FOIA) requests. The Senior Counsel provides legal counsel and support services in a broad range of general and specialized areas that affect the policies and programs of the Agency.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

· Provide advice and support services to the Agency's Board of Directors, CEO/Executive Director and business units in connection with the Agency's programs, activities and functions.

· Provide coordination and management of outside counsel as directed by the General Counsel.

· Provide advice and support to the Secretary to the Agency's Board of Directors, including preparing Board agendas and resolutions and taking the minutes at Board meetings, as needed.

· Assist in the structuring, negotiation, documentation and execution of Agency transactions.

· Review and supervise the production of transaction documents including the following: preliminary and final offering documents, indentures, resolutions, supplemental indentures, supplemental resolutions, regulatory agreements, loan agreements, financing agreements, financing and regulatory agreements, declaration of covenants, commitment letters, notes, subordinate loan documents, intercreditor agreements, deeds of trust or other mortgage instruments, financing statements, legal opinions and closing certificates.

· Negotiate agreements and opinions necessary to ensure that the interests of the Agency are protected.

· Conduct legal research and draft legal memoranda as needed.

· Review, comment and advise the Agency's Board of Directors, CEO/Executive Director, General Counsel and business units on amendments to the Agency's statutes, regulations and procedural manuals and all other local and federal proposed and final laws, rules and regulations related to the Agency and its operations.

· Assist the CEO/Executive Director and the Agency's divisions with the development and creation of new products and programs.

· Assist in obtaining required local and federal government approvals as needed.

· Assist in the drafting of legislation related to the Agency's authority and powers as needed.

· Review incoming multifamily applications on behalf of the OGC as requested by the General Counsel.

· Prepare notices to the Council of the District of Columbia of Board's approval of all Eligibility Resolutions.

· Conduct TEFRA Hearings for bond transactions.

· Notify Mayor and City Council of the Agency's intent to adopt Final Bond Resolutions for all bond transactions.

· Draft handbooks and manuals and conduct training, as necessary, to help guide compliance with bond documents, federal laws and regulations, and Agency policies and procedures.

· Assist in the updating, interpretation, and enforcement of the Agency's PII, AI and Record Retention Guidelines, as needed.

· Negotiate, review and draft loan and equity investment documents in support of the Agency's multifamily special loan programs and the Housing Investment Platform (HIP).

· Advise and support the Agency's single family and multifamily risk management, asset management and compliance functions, as needed.

· Serve as the OGC lead on technology issues and work with IT as needed.

· Performs other duties as assigned.

KNOWLEDGE AND QUALIFICATIONS:

· Posses Juris Doctor Degree

· Be an active member in good standing of the bar of any jurisdiction.

· If not a member of District of Columbia Bar, be sworn into the District of Columbia Bar within 18 months of your initial hire as Counsel.

· Possess 7-10+ years of combined experience in public finance, contract law, corporate law, business entity law, real estate law, tax law, real estate finance, community development, and local and federal housing programs (including LIHTC)

· Knowledge of litigation is a plus

· Understand construction and interpretation of federal, state and local statutes, codes, and regulations.

· Possess strong skills in legal research and writing.

· Have the ability to successfully and autonomously manage projects of a varied and complex nature.

· Have excellent communication skills, both verbal and written, and ability to make presentations and effectively negotiate.

· Demonstrate the ability to work effectively as part of a team.

· Be able to work proactively and operate efficiently in a fast-paced environment with variable deadlines and diverse client demands.

· Maintain high standards of integrity and quality.

· Demonstrate the ability to perform other duties as assigned by management.

· Possess strong working knowledge of all aspects of the Microsoft Office Suite 365.

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